RCOS Report: Eastern Europe ICT and Outsourcing Market 2007-2011

The report "Eastern Europe ICT and Outsourcing Market (2007-2011)” by RNCOS provides research and rational analysis on the IT&C industry in Eastern Europe. It underlines the issues related to the success of the industry and provides a prudent analysis on its various aspects.

The report presents a comprehensive overview of the past and current performance of the IT industry including software, hardware and services industry of Russia, Romania, Hungary, the Czech Republic, Bulgaria, Ukraine, Poland, and Slovakia.

Key Findings :

• Eastern European software industry grew by 12.53% in 2006 and is further estimated to grow at a CAGR of 10.87% till 2008.
  
  
• Low cost outsourcing services and highly qualified talent pool is driving the industry.
  
  
• EU accession is one of the factors that are attracting more international IT players to invest in Eastern European software industry.
  
  
• Growing IT industry provides opportunities for consultancy firms, R&D centers and ICT industry.
  
  
• With the development of IT outsourcing industry, enormous opportunities emerge in ICT industry, Education Service market, for the global as well as domestic players. Russia and Ukraine are emerging as the most desired destinations for IT outsourcing.
  
  
• Historically, major part of the Eastern European IT market was constituted by the hardware segment that is expected to be replaced by the software industry soon.